03 Arctic Cat 90 Cylinder Head #1ns on 2040-parts.com

FCA issues warning on logbook loans

VULNERABLE people who use their car as security to take out a loan are finding themselves squeezed even harder financially and even threatened, the City regulator has found. The Financial Conduct Authority warned it will put firms offering logbook loans out of action if they do not "dramatically" improve their standards, after finding evidence of poor behaviour including little or no affordability checks being carried out and some applicants being encouraged to manipulate details of their income. It said lenders are failing to properly spell out exactly how expensive such debts will be, with the true cost often masked by an emphasis on "low" weekly repayments and key terms and conditions buried in small print.

Is the McLaren P1 order book about to close?

We’re hearing that McLaren is ready to close the order book for their P1 supercar before the specification – or the car – have been fully revealed. We’ve had the reveal of the P1 Concept – and seen it floating round the world as McLaren drum up potential customers with enormous bottomless pockets – and we’ve even seen the P1 on the move as McLaren shake down the development version of the P1. But so far we haven’t had the full specs of the P1 revealed and, as far as we can tell, McLaren hasn’t even divulged the full details of the P1′s power and performance to potential customers – no matter how wealthy they are.

2012 Subaru Impreza revealed

The 2012 Subaru Impreza. Not exactly the Impreza Concept You wait ages for Scooby story to come along, and then two turn up at once. Yesterday we had the news that the Subaru WRX STI is getting a power upgrade for free until the end of June in an attempt to shift more metal, and now Subaru give us a single image of the 2012 Subaru Impreza which will be revealed at the New York Motor Show this month.